Balance Sheet

Okay so we have the cash flow warning showing caution once again.

However.....did anyone take a close look at the balance sheet. I see 300k in cash and 260k of prepaid expenses? Could this possibly be the Microsoft contribution? I'm not saying it is but I can't understand where the money would of came from. Or was there some dilution I am missing? Comments please good or bad.

It is strange that Mimvi was so fast to release the IOS Mimvi search platform considering the code difficulty vs Android. I would of thought the Android version would of been first.....interesting....maybe they are being quiet for good reason. Or maybe nothing is happening.

they put this out Friday afternoon which is not good. obliviously they did want anybody to see it. not sure what going on with this co. but franks last co. when bankrupt. save your emails with franks or anyone else from this co. they might be important at a later date.

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